HP (HPQ) Receives a Rating Update from a Top Analyst

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Wells Fargo analyst Aaron Rakers maintained a Sell rating on HP (HPQ) with a $25.00 price target. This sentiment is echoed by Morgan Stanley and aligns with negative insider sentiment, as shown by recent share sales by corporate insiders, including Ketan M Patel. HP’s latest quarterly revenue was $14.64 billion, with a net profit of $795 million.

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